Tech Sector Leads Futures
Futures are trading higher, driven by tech. The Nasdaq 100 is up 0.8%, S&P 500 futures 0.6%, and Dow 0.5%. The Nasdaq Composite reached a new all-time high, while the Dow and S&P recently snapped six-week winning streaks.
Peak Earnings Week
This is the busiest week for Q3 earnings, with more than 150 S&P 500 companies reporting, including Ford, McDonald’s, Pfizer, Alphabet, Meta, and Amazon.
Delta Airlines vs. CrowdStrike
Delta Airlines is suing CrowdStrike for breach of contract and negligence over a July software outage that led to mass flight cancellations, seeking damages in the hundreds of millions.
McDonald's Brings Back the Quarter Pounder
McDonald’s will reinstate the Quarter Pounder at locations affected by an E. coli outbreak, without slivered onions, covering roughly 900 restaurants.
Peloton Investment Pitch
Hedge fund manager David Einhorn is bullish on Peloton, predicting shares could rise to $31.50. He argues the company’s focus on improving EBITDA and a strong subscriber base supports growth potential.
Futures are trading higher, driven by tech. The Nasdaq 100 is up 0.8%, S&P 500 futures 0.6%, and Dow 0.5%. The Nasdaq Composite reached a new all-time high, while the Dow and S&P recently snapped six-week winning streaks.
Peak Earnings Week
This is the busiest week for Q3 earnings, with more than 150 S&P 500 companies reporting, including Ford, McDonald’s, Pfizer, Alphabet, Meta, and Amazon.
Delta Airlines vs. CrowdStrike
Delta Airlines is suing CrowdStrike for breach of contract and negligence over a July software outage that led to mass flight cancellations, seeking damages in the hundreds of millions.
McDonald's Brings Back the Quarter Pounder
McDonald’s will reinstate the Quarter Pounder at locations affected by an E. coli outbreak, without slivered onions, covering roughly 900 restaurants.
Peloton Investment Pitch
Hedge fund manager David Einhorn is bullish on Peloton, predicting shares could rise to $31.50. He argues the company’s focus on improving EBITDA and a strong subscriber base supports growth potential.